Virginia Real Estate License Exam | 60 Questions with 100% Correct Answers | Verified | Latest Update 2024
A nonresident who obtains a license as an active salesperson in VA is required to do which of the following? 1. Move to VA within 6 months of licensure. 2. Post a bond. 3. Maintain an escrow account in VA. 4. Activate with a VA licensed broker. - 4. Activate with a VA licensed broker. The purpose of the VA real estate license law and Board related rules and regulations is to... - Protect the public interest Two brokers are involved in a dispute over a commission split. Which of the following could become involved in the settlement dispute? 1. A court having jurisdiction over the brokers. 2. The Real Estate Board. 3. The Director of the Department of Professional and Occupational Regulation (DPOR). 4. The enforcement branch of DPOR. - 1. A court having jurisdiction over the brokers. If the Board receives a written complaint regarding the actions of a regulant, what is the first thing the Board will do? - Review the complaint for possible violation Which of the following is true regarding a branch office of a VA real estate firm? 1. The office must have an escrow account. 2. The office may be managed by a salesperson with 3 years experience. 3. The office must have a separate license
Información del documento
- Subido en
- 24 de enero de 2024
- Número de páginas
- 9
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
